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Salem, Oregon Mortgage and Housing Information

Population: 136,924
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.

Value of Houses and Condos

A comparison of the average prices of homes in Salem, Oregon and the U.S.
U.S.OregonSalem
Median home value
in year 2006		$185,200$236,600$182,100

Monthly Owner Costs

Median owner costs for owner-occupied houses and condos in year 2006
U.S.OregonSalem
With a mortgage$1,402$1,412$1,338
Without a mortgage$399$385$436

Ownership of Houses and Condos

Types of mortgages for owner-occupied Houses and Condos in Salem (2006)
Mortgage TypeNumber of Houses and CondosPercent of total
Without a mortgage8,78127.7%
First Mortgage Only15,54849.0%
Second Mortgage and/or Home Equity Loan7,37223.3%
Total31,701100%

Tenancy in Salem

How many people in Salem live in their own home? How many rent their home? Data for houses and condos, from 2006.
Owner-occupied homes31,701
Renter-occupied homes21,908
Homes for sale750
Homes for rent1,736
Total57,599

Age of Salem Residents

Median age for males and females (2000).
Males 32
Females 35

Income

Median earnings for the 12 months preceding 2006, residents over 16 years with earnings
U.S.OregonSalem
Median Earnings$27,239$25,454$22,598
Median Earnings, Males$32,396$30,952$22,470
Median Earnings, Females$22,097$20,767$22,693

Females earn $223 (1.0%) more than Males in Salem.

Commuting in Salem

Means of transportation to work, workers over 16 years old.
Means of TransportNumber of People
Car, solo42,904
Carpooled9,229
Public Transit1,957
Bicycle620
Walking2,200
Other Means567
Total, Commuted57,477
Worked from home2,300
Total59,777

Time Spent Commuting in Salem

Time spent commuting in Salem
Time spent in minutesNumber of People
Less than 51,679
5-97,282
10-1411,565
15-1912,467
20-248,162
25-292,378
30-345,102
35-39852
40-441,215
45-592,697
60-893,017
Over 901,061

Education

Level of higher education for people over 25 years in Salem (2006).
LevelNumber of MalesPercent of MalesNumber of FemalesPercent of Females
Some College11,35123.6%12,41325.8%
Associate Degree4,6549.7%3,8538.0%
Bachelor's Degree7,35215.3%8,60917.9%
Master's Degree2,8465.9%2,7085.6%
Professional Degree9161.9%1800.4%
Doctorate Degree5751.2%3540.7%
Total (at least some college)27,69457.5%28,11760.9%
Total over 2548,154100%46,159100%

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